Evercore Announces the Opening of Evercore Trust Company of Delaware

Evercore today announced the opening of Evercore Trust Company of Delaware, to enhance the firm’s fiduciary and investment services for high net worth families and related institutions across the United States.

Ralph Schlosstein, Chief Executive Officer of Evercore, said, “Evercore Trust Company of Delaware complements our personal and institutional fiduciary capabilities at Evercore Wealth Management LLC and Evercore Trust Company, N.A. We are pleased with the continued strong growth of these businesses and delighted to expand our capabilities to include Delaware trusts.”

Jeff Maurer, Chief Executive Officer of Evercore Wealth Management and Chairman of Evercore Trust Company N.A., added, “Delaware’s tax and regulatory environment makes the state an attractive trust jurisdiction for many of our clients. The new trust company, which is chartered in Delaware, enhances our national fiduciary capabilities as we strive to set the new standard in financial planning and investment management.”

The President and Chief Executive Officer of Evercore Trust Company of Delaware is Chris Zander, Chief Wealth and Fiduciary Advisor at Evercore Wealth Management and Evercore Trust Company, N.A. He is based at Evercore’s headquarters in New York.

Darlene Marchesani is the Chief Trust Officer and Trust Counsel of Evercore Trust Company of Delaware. She is based in Wilmington, Delaware and reports to Chris Zander. As announced on May 18, 2015, she joined Evercore as a Managing Director from Wilmington Trust, where she worked as a Senior Fiduciary Advisor.

While volatility in the stock market can be discomforting, it can provide opportunities for long-term investors, said Martha Pomerantz at the annual Minneapolis Star Tribune investors roundtable. She noted that Evercore Wealth Management expects continued low inflation and interest rates. To view the firm’s latest thinking, please see the current issue of Independent Thinking.